SINGAPORE - The controlling group of Sing Investments and Finance purchased S$2.4 million of the moneylender's offers at S$1.53 each on Wednesday (Nov 29), raising its stake by just shy of one rate point.
The FH Lee Holdings - a venture vehicle for the group of Sing Investments overseeing executive Lee Sze Leong, executive Lee Sze Siong and Sing Holdings CEO Lee Sze Hao - obtained the 1.55 million offers through a wedded arrangement on Wednesday, as per a divulgence recording amid the Singapore Exchange's noontime break.
The price tag was a 1.9 for every penny rebate to the stock's opening cost of S$1.56 on Wednesday. As at 1.24pm, Sing Investments was exchanging at S$1.55, down 1.3 for every penny or two Singapore pennies on the day.
The Lees now have a consolidated stake of just shy of 29.1 for every penny, which is still beneath the 30 for every penny limit that would trigger a required general offer.
Mr Lee Sze Siong's immediate and considered stake now remains at 29.044 for every penny; Mr Lee Sze Hao's at 29.04 for each penny; and Mr Lee Sze Leong's at 29.002 for every penny.
For more updates visit -Singapore stock market blog, Stock tips, SGX stock research, Singapore stock blog
No comments:
Post a Comment